London-based online doctor service Zava has raised $32m in Series A funding to accelerate its growth in the UK, Germany and France.
The funding round was led by growth equity firm HPE Growth and will be used to build the company’s team and expand its offering in new and existing markets, initially in Europe and then globally.
Founded in 2011, Zava provides online doctor services covering sexual health, gender-specific conditions, travel-related requests and chronic illnesses, such as asthma. It currently operates in the UK, Germany, France, Austria, Switzerland and Ireland providing online and face-to-face consultations.
Commenting on the investment, co-founder and CEO David Meinertz said: ‘In a world of an ageing population and rising costs, healthcare systems are at a breaking point. Barriers are put in people’s way and stop them getting the support they need. Zava exists to break down these barriers – costs, access & information. Enabling people to do more of what matters to them. We’re pleased that our new partners at HPE Growth share that great ambition. Zava’s mission is to build healthcare that is accessible, dependable and a fraction of today’s cost.’
Harry Dolman, Partner at HPE Growth added: ‘Zava offers a unique and highly scalable model to deliver a more convenient healthcare experience to patients while radically improving the efficiency of healthcare professionals, enabling healthcare systems to reduce the overall costs associated with primary care. We are excited to be working with David and his team to expand Zava into statutory healthcare systems and bring Zava in a first step to the rest of Europe.’
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